Hindustan Unilever Limited has acquired the remaining 49% equity shareholding in Zywie Ventures Private Limited, which sells products under the OZiva brand, taking its total stake to 100%.
The acquisition was completed for a cash consideration of ₹824 crore. Hindustan Unilever had previously acquired a 51% stake in Zywie in 2023 as part of its strategic entry into the Health & Wellbeing segment.
OZiva is an Indian plant-based nutrition and wellness brand focused on clean-label supplements for health, fitness, and overall well-being.
Legal Advisory
Anagram Partners – Counsel to Hindustan Unilever Limited
Transaction Team
Harman Walia, Partner
Sanjana Mathur, Counsel
Tanmaya Negi, Principal
Aman Gupta, Senior Associate
Aditi Sinha, Associate
CMS INDUSLAW – Counsel to Hindustan Unilever Limited
The firm’s Corporate and IP teams advised on the acquisition, with strategic inputs from Avimukt Dar (Founding & Senior Partner).
Corporate Team
Shivani Singh, Principal Associate
Rusha Ghosh Dastidar, Associate
Prakhar Srivastava, Associate
IP Team
Bharadwaj Jaishankar, Partner
Trushita Mehra, Senior Associate
Ishita Goyal, Associate
CMS INDUSLAW had previously advised Hindustan Unilever on the initial 51% acquisition in Zywie.
Kaizen Law – Counsel to the Founder Promoters
Kaizen Law advised the founder promoters Aarti Gill and Mihir Gadani on the transaction.
Transaction Team
Harsh Kumar, Partner
Utkarsh Nigam, Principal Associate
Shalini Mishra, Associate
First Principles Law – Counsel to Exiting Investors
First Principles Law advised the exiting investors of OZiva : Eight Roads Ventures India III, F-Prime Capital Partners, and Life Sciences Fund VI.
Transaction Team
Prasad Subramanian, Partner
Anushka Garg, Senior Associate
About the Parties
Hindustan Unilever Limited is one of India’s leading fast-moving consumer goods companies.
OZiva is an Indian plant-based nutrition and wellness brand focused on clean-label supplements for health, fitness, and overall well-being, blending modern nutrition with Ayurveda.
Why It Matters
The acquisition gives Hindustan Unilever full ownership of OZiva, consolidating its presence in the health and wellness segment following its initial majority investment in 2023.
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Disclaimer
This article is for informational purposes only and does not constitute legal or financial advice. Readers should consult professionals before making decisions
